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House Plans Vote on Amended Housing Bill Backed by NAHB

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House Plans Vote on Amended Housing Bill Backed by NAHB

The House has introduced an NAHB-supported amendment to major housing legislation that would bring greater certainty to the housing market and increase the supply of attainable housing.

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Ebonie Beaco

Real Estate Financing Strategies for Homeowners & Investors

Stay informed with expert insights on HELOC loans, cash-out refinancing, DSCR investor loans, fix and flip financing, and real estate investment strategies.

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20 Times Square Loan Returns to Special Servicing

A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, according to an alert from Morningstar Credit. The $647.5 million of outstanding CMBS debt from the Times Square Trust 2018-20TS single-borrower deal originated by Natixis in 2018 transferred to the special…

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Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46M

Jose Canero has flipped a terminated condo building in Miami’s Coconut Grove neighborhood for $45.5 million. Developer El-Ad National Properties acquired the Chateau Grove Condominium at 3265 Virginia Street, located between Oak and Day avenues near the center of Coconut Grove, the firm announced. The two-story building, constructed in 1963, sits on a lot that…

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Hyatt in SoCal’s Inland Empire Secures $104M to Finance Upgrades

A previously distressed hotel in Southern California’s Inland Empire that was purchased in a bankruptcy auction has secured a nine-figure financing package for a significant renovation. Nonprofit development firm National Core closed on $103.6 million in tax-exempt bond financing for the Hyatt Regency hotel in Ontario, Calif., JLL announced Friday.  The financing combines $77.1 million…

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40 Under 40 Expands To Include Development Professionals

STOREYS is proud to be part of a major expansion of one of Canada’s most recognized industry awards programs. 40 Under 40 has undergone an industrial revolution. The iconic awards program will still recognize up-and-coming leaders, but for the first time ever, nominees from industrial backgrounds beyond just construction will be accepted — including development,…

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UBS Refis Chelsea Office Building With $161M Loan

A joint venture between Vornado Realty Trust and Aurora Capital Associates has sealed a $161 million loan to refinance an office and retail asset in Manhattan’s Chelsea neighborhood. UBS provided the interest-only loan for the sponsorship’s 194,000-square-foot office building at 61 Ninth Avenue, sources told Commercial Observer. The property has 143,000 square feet of office…

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Chelsea Piers Fitness Pre-Leases 76K SF at Tavros’ 250 Water Street

The developers of a mixed-use project in Manhattan’s Seaport District have signed a luxury fitness brand as an anchor retail tenant. Chelsea Piers Fitness, a gym and wellness studio franchise, will open a five-story, 76,000-square-foot fitness center at Tavros’ planned mixed-use tower at 250 Water Street, according to a Thursday announcement from the landlord. Tavros…

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Quaint Detached In Wychwood Is Like A Cottage In The City

319 Wychwood Avenue has a loft above a vaulted living room, organic berry beds in the backyard, perennial gardens out front, and a private driveway that fits three cars. It’s three minutes on foot from Cedarvale Ravine, and it’s asking $989,000. At this point in the Toronto market, that combination shouldn’t exist. The living room…

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Tech Services Firm Audible Difference Takes 47K SF at Brooklyn Army Terminal

The city-owned Brooklyn Army Terminal (BAT) in Sunset Park has racked up more than 58,000 square feet of new leases, including a major deal for audiovisual firm Audible Difference. The New York City Economic Development Corporation (NYCEDC), a public benefit corporation that manages the 59-acre BAT campus for the city, announced four new tenants Thursday. …

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Vacant Former WeWork Property Sees Valuation Double to $33M

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Law Firm Cole, Scott & Kissane Adds Second Dadeland Office in 21K-SF Lease

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Retailer Garage to Open 9K-SF Corner Store at RFR’s 160 Fifth Avenue

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CRE Industry Awaits Warsh’s Fed Policies After Senate Approval

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Tech Firm VTEX Signs 6K-SF Lease at 286 Madison Avenue

VTEX, a publicly traded tech platform that streamlines business operations, is moving its offices a little closer to Bryant Park, Commercial Observer has learned. The company signed a 5,672-square-foot lease at APF Properties’ 286 Madison Avenue, where it will occupy the entire 14th floor in a possible relocation from nearby 11 East 44th Street, according…

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Sun River Health Renews 7K-SF Medical Office at Simone’s 2510 Westchester Avenue

Sun River Health, a network of medical facilities with locations around the five boroughs, has renewed its 6,704-square-foot medical office lease at 2510 Westchester Avenue in the Bronx, building owner Simone Development Companies announced Tuesday.   The health care provider has been in the space at the three-story building between Seabury and Commerce avenues in Westchester…

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Artist Romero Britto to Expand Compound in Miami’s Little River

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Realterm Acquires Bronx IOS Site at 935 Garrison Avenue

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Mortgage Rates Match Highest Level Since March

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Mamdani, Hochul Close Municipal Budget Gaps ‘Completely’ With Albany Funding

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Mortgage Rates May Swing This Week As Markets Watch Inflation and Iran Developments

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Jeremy Moss of Silverstein Properties: 5 Questions

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Gary Barnett’s Extell Lands $500M Acquisition of 405-417 Park Avenue

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Starwood Property Trust Q1 Rental Income Shoots Up While It Settles Troubled Assets

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Brookfield Asset Management Reports $67B in Fresh Capital in 2026 So Far

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